ZEC at $1,135—are you getting on board? First, the surface view: up 130% in a month, then crashing from the 1298 high to a low of 1036, before rebounding to 1156 today. 1050-1070 is the recent low plus the 23.6% Fibonacci retracement, while 1000 is the psychological level. Holding here means a strong pullback; breaking below it would be a trend reversal. First: the NU7 vote tonight—don't just focus on the price action. Vote proposals: replace halving with a smoother issuance curve, cut block time from 75 seconds to 25 seconds, and retire the Sprout pool. Sounds technical, so in plain English: Faster blocks and an upgraded network experience The issuance pace may change, but the total supply remains 21 million The vote is advisory; even if passed, development and deployment will still be required The key is not the vote result, but sentiment. If passed, there could be a short-term “sell-the-fact” pullback; if rejected, the market could be disappointed and dump. Second: ETFs + whales—this is the real buying pressure. Grayscale's spot ZEC ETF (ZCSH) listed on NYSE Arca on August 25, becoming the first U.S. spot ETF for a privacy coin, with AUM already reaching hundreds of millions of dollars. Whales bought approximately $41.6 million worth of ZEC and withdrew it from exchanges in one week. Companies such as Cypherpunk Technologies are treating ZEC as a treasury asset. Institutions are buying, whales are withdrawing, and shielded pools account for 25-30% of the supply. But F2Pool's co-founder poured cold water on it: this is a narrative-driven squeeze, not a fundamental transformation. Third: an FOMC rate hike—the gates of hell for high-beta altcoins. At the Federal Reserve meeting on September 15-16, following hotter-than-expected August core CPI, the probability of a 25bp rate hike surged to 80-90%. This would be the first rate hike since July 2023. As a high-beta privacy coin, ZEC is extremely sensitive to tightening liquidity. If the hike is delivered alongside a hawkish dot plot, ZEC could retest its lows; if the market has already fully priced it in, the event could instead become a “sell the rumor, buy the news” situation. The bull-bear showdown—you decide On one side: ETF institutional buying remains steady, while whales withdraw coins from exchanges Tightening shielded supply reduces the effective circulating supply The NU7 upgrade + faster blocks keep the long-term narrative alive Moving averages remain bullishly aligned, and the medium-term trend is still bullish On the other side: RSI bearish divergence, with weakening short-term momentum Heavy resistance at the 1298 high, with some expectations already priced in FOMC rate hike risk, pressuring high-beta assets The short squeeze is over—who will buy? Resistance above: 1150-1160 → 1237 → 1290-1300 Support below: 1050-1070 → 1000 (psychological) → 930 → 700 (50-day moving average) Trading strategies Short-term traders: If 1150-1160 rejects and pulls back, try a small short position, targeting 1070-1050, with a stop-loss at 1180-1200. If price firmly reclaims 1150 on volume and holds on a retest, take a small long position, targeting 1230-1290, with a stop-loss at 1120. Medium-term players: Accumulate spot or low-leverage long positions in batches at 1050-1000, targeting 1200-1300. Keep the position size within your risk tolerance. Long-term believers: Privacy is a necessity in the AI era, and ZEC is the only privacy coin with an ETF. But narratives can double your money—or take you to zero. ZEC now looks like Dogecoin in 2021— It goes crazy on the way up and even crazier on the way down. But the difference is that Dogecoin relies on sentiment, while ZEC relies on ETFs and tightening supply. As long as shorts remain, the rise continues; but once the shorts are gone, who will buy? At 1135, do you dare chase it?#传Anthropic选择纳斯达克IPO #Gate24小时合约持仓量超114.79亿美元 #Gate广场中秋团圆局 $BTC $ETH $ZEC

No execution, no analysis—just sheer luck. Even saying this trade out loud feels embarrassing. While everyone else was making moves, I was watching the $ETHW chart: the rebound was weak, there were no buyers on the way up, and sell pressure was still heavy. I casually placed a short at 0.2720 and then went off to deal with other things. I just finished checking the bearish news and came back to see 0.2575, +103.51%—feels great, brothers! Closed 80% first, and protect the entry price on the remaining 20%. Let it run if it keeps selling off, but don’t get greedy on a rebound. The money you make is the monetization of your understanding; the money you lose is the flaw in your understanding. Having no position isn’t a crime—opening positions recklessly is the mistake. For those who haven’t boarded yet, hear me out: now is not the time to chase. Wait for a more comfortable entry in the next round, and I’ll alert you immediately. $BTC $ETH

$ETH Afternoon brief discussion on ETH! At what levels should we go long? It has been a long time since I wrote an analysis of ETH’s trend, mainly because I’m used to trading BTC. Over the past two days, many friends have messaged me privately asking how I view ETH. ETH’s trend is still relatively aligned with BTC’s, so regarding ETH’s current trend, I’ll discuss the general direction: ETH’s key levels today are 2505–2481, which are respectively the key levels for upward and downward right-side trading today. Everyone knows I like to trade both the right and left sides, and occasionally I also like to set up a game-theory zone, but we won’t write too much today. It is currently trading around and above 2505, ETH has currently held above 2505 on the hourly timeframe. The upside targets are 2543–2565, so there is still room to continue chasing longs! If ETH retests 2481–2505 and holds, continue buying the dip! $ETH